Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago, 03/06/2015

User Stats

11
Posts
1
Votes
Vik Desai
  • Developer
  • Woodward, OK
1
Votes |
11
Posts

"Crazy cat lady" but paying well above market and pays early every time. How much pressure should I keep on her?

Vik Desai
  • Developer
  • Woodward, OK
Posted

I've got 4 units that I rent out furnished and all bills paid.

My target market is guys coming into town for work and want to save compared to a hotel, Most of my contracts are month to month, I'm getting nearly double market rent, and I have a wait list (I know many of you are wondering about vacancies).

One lady has ended up with me in a long term situation and is happily paying the higher rent, uses less utilities than her neighbor, fixes her own stuff, even though I implore her not to and to let me pay my handiman to do it, and pays rent early.

I knew she had one cat.  One cat has turned into at least 6 litter boxes and taking in uncountable strays. I know the apartment stinks, I know that I'm going to have to pay a ton to fix it after she's out, I know that it's going to cost vacancy on top of the repair.

But she's paying....

I am putting some pressure on her to clean up, but with so many "Of course, Hun", and other pleasantries, I haven't really come down on her hard.

My thought is: 

I'm going to have to do the repairs no matter what. whatever damage she's caused is unlikely to get worse (she's been there over a year). What's the difference in doing it now and doing it in another 6 months or possibly years down the line?

Loading replies...